UBS

Advisor Upside

Merrill Lynch’s Latest Game Plan to Court the World’s Rich

Photo by JHVEPhoto via iStock

A new division will connect the firms’ wealthiest clients with other products and services on the Bank of America platform.

2 min read

Photo by SiyueSteuber via iStock

Banking

AllianceBernstein to Sue Switzerland Over $17 Billion Credit Suisse Debt Writedown

A major American institutional investor is planning to join a lawsuit that says Switzerland’s time to pay up is long overdue.

2 min read
Photo by Sven Piper via Unsplash

Advisor Upside

Inside Wells Fargo’s Bet on Independent Advisors

The wirehouse’s independent channel has become the fastest growing segment of its wealth management unit and helped retain advisors.

2 min read
Photo by Rupixen via Unsplash

Advisor Upside

UBS Looks to Tap India’s Private Wealth Market

The Swiss bank UBS reportedly wants in on the wealth market in India and is considering buying a stake in a local firm to give it a foothold.

2 min read

Banking

UBS Quarterly Profit Doubles Market Forecast

Photo by Thamerpic via iStock

UBS appears to have regained its form, reporting $1.1 billion in net income for the second quarter, doubling analyst estimates.

2 min read

Photo by Claudio Schwarz via Unsplash

Advisor Upside

UBS Shake-Up Aims to Court the Richest of the Rich

The Zurich-based bank joins a growing list of wealth management’s elite, including JPMorgan and Goldman, to focus on the wealthiest investors.

1 min read

Photo by Martin Ceralde on Unsplash

Markets

Stock Buybacks are the Ultimate Gift for Companies in Record Year

This month marks the end of what Goldman Sachs estimates will be a record year for stock buybacks, with a volume of roughly $930 billion.

2 min read
Photo by Brusk Dede via Unsplash

Industries

CEO Departures Have Reached a Record High with Almost 2,000

In the first 11 months of the year, 1,991 CEOs have announced their departures, up 16% compared to the same timeframe last year.

1 min read
Photo illustration by Connor Lin / The Daily Upside, Photo by Marcio Silva via iStock

Economics

Wall Street’s New Year’s Resolution: Launch More IPOs

No matter how you cast your ballot in the presidential election last month, recent history suggests your vote counts for IPOs.

6 min read

Sign Up for The Daily Upside to Unlock This Article

Sharp news & analysis on finance, economics, and investing.